David Tepper

We mean who brought home the most money, and not necessarily had the best returns, although these often go together considering the fees managers charge for performance. Broadly speaking the hedge fund industry had lackluster year, but at least the numbers are black. Hedge Funds returned 5.4 percent, kind of anemic compared to the robust […]

In general, we all know that hedge funds are not doing well. But for the few among the hedge fund successes, those managers have a lot to be thankful for. And we do mean a lot. The data tells us that between the high fees hedge fund managers charge and the lackluster returns, record numbers […]

LCH Investments, a London-based fund of funds and a subsidiary of Edmond de Rothschild Capital Holdings Limited, just published its yearly list of the “most successful money managers” for the year 2015. The list looks at the total net gains, after fees have been subtracted, of each hedge fund manager, since the launch of the […]

Hedge funds seem to be showing a positively lackluster performance as summer winds down and Labor Day celebrations get underway. A review of how some of the biggest names in hedge funds are doing shows the answer is “not too good” while, for comparison, the broader stock market arena is already surging with 8 percent […]

Founder of Appaloosa Management, David Tepper, will most likely be the highest paid hedge fund manager for 2013, bringing in an estimated $3 billion in personal income. This achievement is made even more impressive by the fact that last year Tepper nurtured his fund to a 30 percent gain with a personal pay-off for himself […]

David Tepper, founder of Appaloosa Capital Management, announced last week that he is donating $67 million to the Carnegie Mellon School of Business. The gift will be used to create the new home of the business school, the David A. Tepper Quadrangle. “Carnegie Mellon has a long history of providing the world with innovative […]

The following hedge funds have had a fabulous year so far, July was nothing to brag about for these top performing funds. July was not particularly good for hedge funds in general, rising by only 1.05 percent, several points behind the growth of the general stock market which was 1.26 percent for the month. “The […]

Over the past few years, hedge funds have struggled with the ebb and flow of the market. Personal earnings in the industry have always been high, however. Here is a list of the top ten earners in the hedge fund market in 2009: David Tepper, Appaloosa Management, $4 billion George Soros, Soros Fund Management, $3.3 […]

Appaloosa Management is an employee-owned hedge fund established in 1993 by David Tepper and Jack Walton in New Jersey, USA. Appaloosa Management runs four investment firms, including its offshore Palamino Fund LTD, two versions of the Thoroughbred fund, both offshore and onshore, and its leading fund, Appaloosa Investment. The firm invests in both public equity […]